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Shanghai rubber ends lower on profit taking
2013-9-12 0:00:00Font Size：Big Medium Small
Shanghai rubber
Rubber futures traded on the Shanghai Futures Exchange (SHFE) widened loss in the last few minutes of trading on Thursday (September 12, 2013) as investors secured profits from gains in the previous sessions.
The most actively traded contract for January 2014 delivery ended at 20,240 yuan/metric ton, down 380 yuan or 1.84% from the previous settlement.
Shanghai rubber is expected to remain on a steady upward path amid mild fluctuations in the near term as the fundamentals remained supportive, analysts note.
(Edited by Olivia,olivia@tireworld.com.cn)
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